SHAKTI - Scheme for Harnessing & Allocating Koyala Transparently in India
- 2017; 2025
- nomination based —> transparent auction based bidding mechanism
Impact
- simplification of linkage process (EoDB)
- caters to dynamic coal requirement of power sector
- Central Sector TPP get coal linkage on nomination basis on recc of MoPower
- promote coal import substitution
- promotes greenfield projects at pithead sites, i.e. near to coal source
- reduce landed cost of coal at thermal power plant
SHANTI Nuclear
TODO
Why India dependent on USA LPG
- choke point volatility in strait of hormuz
- 90% Indian import passed thru there, but now conflict
- Surging west asian benchmark prices
- Stagnant domestic production, while rising demand
- long term state OMC contracting
- Shale gas boom in USA
- massize exportable surplus of propane & butane
- USA reliable for stable supply
Implications of overdependence
- currency / monetary risks on US Dollar
- loss of proximity pricing advantage
- USA shipping: 25-35 days
- Gulf shipping: 5-10 days
- vulnerable to unilateral foreign policy tools
Way forward
- maximize domestic refinery capacity
- diversify import via indo pacific partners
- eg. Australia
- Expand strategic petroleum & LPG reserves
- promote electric cooking & renewable alternatives
- e-Vishwakarma
- Dynamic hedging, rupee denominated trade